Hilltop (HTH) Financials

$28.56 -0.05 (-0.18%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$28.58 +0.03 (+0.09%)

As of 04/17/2025 04:07 PM Eastern

Annual Income Statements for Hilltop

This table shows Hilltop's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	106	209	146	133	121	225	448	374	113	110	113
Consolidated Net Income / (Loss)	113	213	148	133	126	233	470	386	119	118	123
Net Income / (Loss) Continuing Operations	113	213	148	133	121	219	431	386	119	118	123
Total Pre-Tax Income	178	283	231	243	155	283	564	504	156	149	154
Total Revenue	1,160	1,636	1,684	1,627	1,313	1,502	2,115	1,833	1,291	1,196	1,189
Net Interest Income / (Expense)	361	409	398	422	433	439	424	423	459	467	418
Total Interest Income	389	470	456	507	575	611	546	530	591	838	836
Loans and Leases Interest Income	341	390	390	412	437	460	433	404	416	542	545
Investment Securities Interest Income	41	74	62	83	120	134	106	119	130	191	195
Other Interest Income	6.17	5.22	4.34	12	17	16	6.85	6.60	45	105	97
Total Interest Expense	28	61	58	85	141	172	122	107	132	372	419
Deposits Interest Expense	16	16	16	25	46	72	47	24	50	223	275
Short-Term Borrowings Interest Expense	2.21	4.57	5.80	14	26	27	12	9.07	21	58	44
Long-Term Debt Interest Expense	4.89	11	14	14	12	13	19	23	16	15	15
Federal Funds Purchased and Securities Sold Interest Expense	3.98	30	23	32	57	60	43	51	39	65	73
Other Interest Expense	0.80	0.72	0.74	0.68	0.63	0.55	2.19	0.38	6.13	9.87	12
Total Non-Interest Income	799	1,228	1,287	1,205	880	1,063	1,690	1,410	832	729	771
Other Service Charges	170	349	408	414	345	454	558	432	403	422	438
Net Realized & Unrealized Capital Gains on Investments	390	600	607	538	445	505	1,001	826	302	172	190
Investment Banking Income	75	116	116	110	90	104	131	152	127	134	143
Provision for Credit Losses	17	13	41	14	5.09	7.21	96	-58	8.31	18	0.94
Total Non-Interest Expense	965	1,340	1,412	1,369	1,153	1,212	1,454	1,387	1,127	1,028	1,034
Salaries and Employee Benefits	491	766	834	817	757	845	1,060	1,007	774	678	687
Net Occupancy & Equipment Expense	102	120	109	114	114	113	99	101	97	89	91
Other Operating Expenses	232	355	380	344	282	254	295	280	256	261	255
Income Tax Expense	66	71	83	110	34	64	133	118	37	31	31
Net Income / (Loss) Attributable to Noncontrolling Interest	0.91	1.61	2.05	0.60	4.29	7.69	22	12	6.16	8.33	10.00
Basic Earnings per Share	$1.18	$2.10	$1.48	$1.36	$1.28	$2.44	$5.02	$4.64	$1.61	$1.69	$1.74
Weighted Average Basic Shares Outstanding	89.71M	99.07M	98.40M	97.14M	94.97M	92.35M	89.28M	80.71M	70.43M	65.04M	65.04M
Diluted Earnings per Share	$1.17	$2.09	$1.48	$1.36	$1.28	$2.44	$5.01	$4.61	$1.60	$1.69	$1.74
Weighted Average Diluted Shares Outstanding	90.57M	99.96M	98.63M	97.35M	95.07M	92.39M	89.30M	81.17M	70.63M	65.05M	65.05M
Weighted Average Basic & Diluted Shares Outstanding	89.80M	99.60M	98.60M	97.50M	94.90M	90.80M	82.19M	78.97M	64.70M	65.15M	64.86M
Cash Dividends to Common per Share	-	-	$0.06	$0.24	$0.28	$0.32	$0.36	$0.48	$0.60	$0.64	$0.68

This table shows Hilltop's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	32	26	26	18	37	29	28	20	30	36
Consolidated Net Income / (Loss)	33	27	28	20	39	31	30	23	33	38
Net Income / (Loss) Continuing Operations	33	27	28	20	39	31	30	23	33	38
Total Pre-Tax Income	43	36	31	27	53	38	38	30	42	44
Total Revenue	330	293	284	309	312	290	285	297	305	301
Net Interest Income / (Expense)	123	123	122	118	116	111	104	104	105	105
Total Interest Income	156	180	191	213	217	217	210	207	211	209
Loans and Leases Interest Income	109	118	123	138	142	138	134	139	140	132
Investment Securities Interest Income	33	40	46	48	47	50	49	48	48	50
Other Interest Income	14	22	22	27	27	29	26	21	23	27
Total Interest Expense	33	57	70	95	101	106	106	103	106	103
Deposits Interest Expense	13	28	36	55	64	68	69	68	71	67
Short-Term Borrowings Interest Expense	5.55	10	12	18	14	13	12	11	11	11
Long-Term Debt Interest Expense	3.91	2.59	6.11	6.32	6.43	-3.41	3.59	6.05	5.98	-0.97
Federal Funds Purchased and Securities Sold Interest Expense	11	9.30	15	16	16	17	22	19	18	14
Total Non-Interest Income	207	170	162	191	197	179	182	193	200	196
Other Service Charges	114	103	96	110	110	107	111	102	110	115
Net Realized & Unrealized Capital Gains on Investments	58	36	40	49	47	36	40	58	48	44
Investment Banking Income	35	31	27	32	40	36	30	33	42	38
Provision for Credit Losses	-0.78	3.64	2.33	15	-0.04	1.27	-2.87	11	-1.27	-5.85
Total Non-Interest Expense	289	253	250	267	260	251	250	256	264	263
Salaries and Employee Benefits	200	168	168	177	173	160	166	170	178	173
Net Occupancy & Equipment Expense	25	23	23	23	22	22	22	21	22	26
Other Operating Expenses	63	62	60	67	65	69	62	65	64	64
Income Tax Expense	9.25	9.64	3.63	7.17	13	7.13	8.57	6.66	9.54	6.29
Net Income / (Loss) Attributable to Noncontrolling Interest	1.19	1.02	1.97	1.81	2.27	2.29	1.85	2.57	3.21	2.37
Basic Earnings per Share	$0.50	$0.38	$0.40	$0.28	$0.57	$0.44	$0.42	$0.31	$0.46	$0.55
Weighted Average Basic Shares Outstanding	64.55M	70.43M	64.90M	65.03M	65.11M	65.04M	65.20M	65.09M	64.93M	65.04M
Diluted Earnings per Share	$0.50	$0.37	$0.40	$0.28	$0.57	$0.44	$0.42	$0.31	$0.46	$0.55
Weighted Average Diluted Shares Outstanding	64.67M	70.63M	64.95M	65.05M	65.11M	65.05M	65.21M	65.09M	64.95M	65.05M
Weighted Average Basic & Diluted Shares Outstanding	64.59M	64.70M	65.02M	65.09M	65.17M	65.15M	65.27M	64.95M	64.96M	64.86M

This table details how cash moves in and out of Hilltop's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	67	-144	44	-198	105	-136	711	1,692	-1,397	269	454
Net Cash From Operating Activities	-91	36	-161	-321	390	-433	280	766	1,189	443	274
Net Cash From Continuing Operating Activities	-91	36	-161	-321	396	-433	313	766	1,189	443	274
Net Income / (Loss) Continuing Operations	113	213	148	133	126	233	470	386	119	118	123
Consolidated Net Income / (Loss)	113	213	148	133	126	233	470	386	119	118	123
Provision For Loan Losses	17	13	41	14	5.09	7.21	96	-58	8.31	18	0.94
Depreciation Expense	-83	-83	-50	-14	-5.27	-1.48	22	25	33	20	20
Non-Cash Adjustments to Reconcile Net Income	-151	-308	-245	177	327	-700	-818	1,042	930	318	39
Changes in Operating Assets and Liabilities, net	13	202	-54	-631	-57	29	543	-629	99	-31	91
Net Cash From Investing Activities	260	442	-494	-358	-290	-604	-828	-553	-877	158	354
Net Cash From Continuing Investing Activities	260	442	-494	-358	-299	-623	-919	-553	-877	158	354
Purchase of Investment Securities	-233	-473	-1,130	-780	-524	-1,009	-1,455	-1,243	-1,307	-164	-14
Sale and/or Maturity of Investments	493	874	636	422	288	385	536	690	430	323	368
Net Cash From Financing Activities	-101	-622	698	481	4.63	902	1,258	1,480	-1,710	-333	-174
Net Cash From Continuing Financing Activities	-101	-622	698	481	4.63	902	1,258	1,480	-1,710	-333	-174
Net Change in Deposits	-518	-601	153	857	196	600	2,125	1,555	-1,279	-202	-32
Issuance of Debt	424	171	767	403	664	1,414	722	976	930	490	919
Repayment of Debt	-2.64	-43	-218	-723	-787	-1,001	-1,326	-874	-863	-561	-984
Repurchase of Common Equity	-	-30	-	-27	-59	-73	-209	-124	-442	-5.10	-20
Payment of Dividends	-5.62	-3.54	-5.80	-23	-27	-30	-33	-39	-43	-42	-44
Other Financing Activities, Net	1.72	-0.58	1.62	-5.82	17	-8.85	-23	-15	-12	-13	-13
Cash Interest Paid	29	60	58	84	143	169	125	110	128	357	427
Cash Income Taxes Paid	27	112	89	86	8.38	57	124	136	15	19	44

This table details how cash moves in and out of Hilltop's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-17	-240	153	-165	-71	352	-135	-926	1,166	350
Net Cash From Operating Activities	490	-46	-108	-215	504	263	71	-435	516	123
Net Cash From Continuing Operating Activities	490	-46	-108	-215	504	263	71	-435	516	123
Net Income / (Loss) Continuing Operations	33	27	28	20	39	31	30	23	33	38
Consolidated Net Income / (Loss)	33	27	28	20	39	31	30	23	33	38
Provision For Loan Losses	-0.78	3.64	2.33	15	-0.04	1.27	-2.87	11	-1.27	-5.85
Depreciation Expense	6.04	12	5.84	4.39	5.03	4.36	5.03	4.31	5.76	4.85
Non-Cash Adjustments to Reconcile Net Income	438	86	-63	-284	273	392	-22	-512	549	24
Changes in Operating Assets and Liabilities, net	13	-175	-82	30	186	-165	62	39	-71	62
Net Cash From Investing Activities	-130	-181	-142	-50	235	116	16	14	277	47
Net Cash From Continuing Investing Activities	-130	-181	-142	-50	235	116	16	14	277	47
Purchase of Investment Securities	-237	-271	-215	-161	155	57	-58	-93	174	-37
Sale and/or Maturity of Investments	107	90	73	111	80	59	74	107	103	85
Net Cash From Financing Activities	-378	-12	404	101	-809	-28	-222	-505	373	179
Net Cash From Continuing Financing Activities	-378	-12	404	101	-809	-28	-222	-505	373	179
Net Change in Deposits	-486	18	-208	70	-34	-30	-189	-486	369	274
Issuance of Debt	345	209	748	232	-577	87	-6.81	4.42	18	904
Repayment of Debt	-226	-227	-116	-188	-186	-71	0.00	-	-	-984
Payment of Dividends	-9.69	-9.51	-10	-10	-10	-10	-11	-11	-11	-11
Other Financing Activities, Net	-1.35	-2.58	-5.12	-3.16	-2.25	-2.44	-4.63	-2.24	-2.83	-2.96
Cash Interest Paid	27	59	64	97	92	105	109	107	103	108
Cash Income Taxes Paid	8.12	0.13	-0.05	15	-0.69	4.98	0.37	10	0.94	33

This table presents Hilltop's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	9,242	11,867	12,738	13,366	13,684	15,172	16,944	18,689	16,259	16,467	16,268
Cash and Due from Banks	782	652	669	487	644	434	1,063	2,823	1,580	1,859	2,299
Restricted Cash	76	159	181	187	134	157	290	222	68	57	71
Federal Funds Sold	31	17	21	0.41	0.40	0.39	0.39	0.39	0.65	0.65	0.65
Trading Account Securities	1,109	2,859	3,100	3,754	3,447	4,153	5,337	5,043	4,390	3,860	3,607
Loans and Leases, Net of Allowance	3,883	5,162	5,789	6,392	6,871	7,320	7,544	0.00	7,997	7,968	7,849
Loans and Leases	3,920	5,208	5,843	6,456	6,930	7,381	7,693	-	8,093	8,080	7,951
Allowance for Loan and Lease Losses	37	45	54	64	59	61	149	-	95	111	101
Premises and Equipment, Net	207	201	190	178	237	210	212	204	185	169	148
Goodwill	252	252	252	252	291	267	267	267	267	267	267
Intangible Assets	60	55	45	36	38	27	20	15	11	8.46	6.63
Other Assets	1,532	2,510	2,490	2,080	2,021	2,603	2,210	10,114	1,760	2,277	2,019
Total Liabilities & Shareholders' Equity	9,242	11,867	12,738	13,366	13,684	15,172	16,944	18,689	16,259	16,467	16,268
Total Liabilities	7,781	10,129	10,864	11,451	11,710	13,044	14,594	16,140	14,196	14,317	14,050
Non-Interest Bearing Deposits	2,076	2,235	2,199	2,412	2,561	2,770	3,612	4,577	3,969	3,007	2,769
Interest Bearing Deposits	4,294	4,717	4,864	5,566	5,975	6,263	7,630	8,241	7,347	8,056	8,297
Short-Term Debt	942	2,286	2,764	2,494	2,361	3,030	2,064	2,337	1,937	2,331	2,166
Long-Term Debt	124	306	385	276	296	323	449	388	347	347	348
Other Long-Term Liabilities	346	585	650	703	517	659	838	597	597	576	471
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,461	1,738	1,875	1,915	1,974	2,129	2,351	2,549	2,064	2,150	2,218
Total Preferred & Common Equity	1,460	1,737	1,871	1,912	1,949	2,103	2,324	2,523	2,037	2,123	2,190
Total Common Equity	1,346	1,737	1,871	1,912	1,949	2,103	2,324	2,523	2,037	2,123	2,190
Common Stock	1,392	1,578	1,574	1,527	1,491	1,446	1,319	1,275	1,046	1,055	1,053
Retained Earnings	-46	155	296	385	467	645	987	1,257	1,124	1,189	1,249
Accumulated Other Comprehensive Income / (Loss)	0.65	2.63	0.49	-0.39	-8.63	11	18	-10	-134	-122	-111
Other Equity Adjustments	-	1.03	0.90	0.85	0.83	0.78	0.77	0.75	0.48	0.23	0.00
Noncontrolling Interest	0.79	1.17	4.01	2.73	24	26	27	27	27	27	28

This table presents Hilltop's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	16,615	17,029	17,138	16,397	16,210	15,620	15,926
Cash and Due from Banks	1,778	1,764	1,585	1,514	1,710	798	1,962
Restricted Cash	109	36	51	47	71	51	56
Federal Funds Sold	0.66	0.74	0.65	3.65	0.65	5.65	3.65
Trading Account Securities	4,265	4,381	4,548	4,043	3,863	4,309	3,717
Loans and Leases, Net of Allowance	0.00	0.00	8,245	8,093	7,958	8,058	7,869
Loans and Leases	-	-	8,354	8,204	8,063	8,174	7,980
Allowance for Loan and Lease Losses	-	-	109	111	104	115	111
Premises and Equipment, Net	191	180	177	172	166	162	158
Goodwill	267	267	267	267	267	267	267
Intangible Assets	12	11	9.77	9.08	7.94	7.43	7.00
Other Assets	9,991	10,389	2,255	2,247	2,166	1,962	1,887
Total Liabilities & Shareholders' Equity	16,615	17,029	17,138	16,397	16,210	15,620	15,926
Total Liabilities	14,556	14,945	15,048	14,290	14,050	13,458	13,721
Non-Interest Bearing Deposits	4,547	3,808	3,451	3,200	3,029	2,845	2,832
Interest Bearing Deposits	6,805	7,289	7,713	7,903	7,856	7,528	7,960
Short-Term Debt	2,118	2,956	2,935	2,251	2,329	2,183	2,025
Long-Term Debt	390	376	365	347	347	347	348
Other Long-Term Liabilities	696	516	584	589	490	554	557
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,059	2,084	2,090	2,107	2,159	2,163	2,206
Total Preferred & Common Equity	2,032	2,057	2,064	2,080	2,132	2,134	2,177
Total Common Equity	2,032	2,057	2,064	2,080	2,132	2,134	2,177
Common Stock	1,044	1,045	1,050	1,053	1,050	1,048	1,051
Retained Earnings	1,108	1,137	1,145	1,171	1,201	1,205	1,224
Accumulated Other Comprehensive Income / (Loss)	-120	-125	-132	-145	-120	-119	-98
Other Equity Adjustments	0.48	0.45	0.45	0.34	0.12	0.00	0.00
Noncontrolling Interest	27	27	27	27	28	28	29

This table displays calculated financial ratios and metrics derived from Hilltop's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.24%	41.00%	2.95%	-3.42%	-19.26%	14.34%	40.81%	-13.31%	-29.56%	-7.40%	-0.59%
EBITDA Growth	-33.92%	110.92%	-9.24%	26.30%	-34.73%	87.80%	108.48%	-9.82%	-64.30%	-10.60%	3.23%
EBIT Growth	-9.74%	59.12%	-18.37%	5.13%	-36.28%	82.37%	99.63%	-10.68%	-69.03%	-4.49%	3.45%
NOPAT Growth	-11.17%	88.86%	-30.41%	-10.00%	-9.28%	81.30%	96.94%	-10.48%	-69.10%	-1.10%	4.43%
Net Income Growth	-11.17%	88.86%	-30.41%	-10.00%	-5.57%	85.30%	101.60%	-17.80%	-69.10%	-1.10%	4.43%
EPS Growth	-16.43%	78.63%	-29.19%	-8.11%	-5.88%	90.63%	105.33%	-7.98%	-65.29%	5.63%	2.96%
Operating Cash Flow Growth	-123.04%	139.09%	-550.42%	-99.24%	221.46%	-211.16%	164.76%	173.01%	55.36%	-62.75%	-38.17%
Free Cash Flow Firm Growth	-203.27%	-213.61%	65.64%	186.46%	-62.98%	-461.43%	265.96%	-102.28%	4,471.44%	-134.74%	160.39%
Invested Capital Growth	32.49%	71.35%	16.04%	-6.75%	-1.16%	18.38%	-11.27%	8.43%	-17.58%	11.08%	-2.00%
Revenue Q/Q Growth	3.04%	4.53%	2.25%	-0.86%	-12.56%	12.25%	9.35%	-8.31%	-6.91%	-0.25%	0.92%
EBITDA Q/Q Growth	17.88%	-7.86%	14.88%	10.33%	-20.48%	15.03%	21.22%	-11.92%	-18.59%	-3.53%	3.91%
EBIT Q/Q Growth	3.06%	-6.95%	9.40%	5.15%	-17.25%	10.53%	20.70%	-12.34%	-24.00%	1.27%	4.10%
NOPAT Q/Q Growth	2.21%	-5.45%	10.71%	-14.10%	9.96%	10.87%	19.73%	-11.94%	-24.26%	3.86%	5.95%
Net Income Q/Q Growth	2.21%	-5.45%	10.71%	-14.10%	14.46%	10.50%	17.27%	-12.68%	-24.26%	3.86%	5.95%
EPS Q/Q Growth	0.86%	-6.28%	10.45%	-12.82%	13.27%	11.42%	18.72%	-10.66%	-20.79%	4.32%	6.75%
Operating Cash Flow Q/Q Growth	20.89%	183.00%	20.78%	20.30%	-18.87%	-4.65%	122.29%	-29.07%	5.46%	231.74%	-33.87%
Free Cash Flow Firm Q/Q Growth	23.74%	25.07%	-247.45%	227.71%	-66.16%	-65.14%	29.16%	-108.28%	42.97%	-1,437.37%	-9.58%
Invested Capital Q/Q Growth	-4.16%	-13.12%	5.84%	-11.13%	-4.81%	0.68%	-2.58%	2.56%	-4.84%	2.62%	3.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	8.18%	12.23%	10.78%	14.10%	11.40%	18.73%	27.72%	28.84%	14.62%	14.11%	14.65%
EBIT Margin	15.35%	17.33%	13.74%	14.95%	11.80%	18.82%	26.69%	27.50%	12.09%	12.47%	12.98%
Profit (Net Income) Margin	9.70%	12.99%	8.78%	8.18%	9.57%	15.51%	22.21%	21.06%	9.24%	9.87%	10.36%
Tax Burden Percent	63.18%	74.99%	63.93%	54.73%	81.11%	82.41%	83.22%	76.60%	76.41%	79.12%	79.87%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	36.82%	25.01%	36.07%	45.27%	22.08%	22.54%	23.58%	23.40%	23.59%	20.88%	20.13%
Return on Invested Capital (ROIC)	5.08%	6.20%	3.16%	2.74%	2.59%	4.33%	8.34%	7.62%	2.48%	2.57%	2.58%
ROIC Less NNEP Spread (ROIC-NNEP)	5.08%	6.20%	3.16%	2.74%	2.78%	4.80%	9.65%	7.62%	2.48%	2.57%	2.58%
Return on Net Nonoperating Assets (RNNOA)	3.04%	7.09%	5.03%	4.28%	3.87%	7.03%	12.63%	8.14%	2.69%	3.03%	3.06%
Return on Equity (ROE)	8.12%	13.29%	8.19%	7.03%	6.47%	11.36%	20.97%	15.76%	5.17%	5.60%	5.64%
Cash Return on Invested Capital (CROIC)	-22.87%	-46.39%	-11.68%	9.73%	3.76%	-12.50%	20.28%	-0.47%	21.75%	-7.93%	4.59%
Operating Return on Assets (OROA)	1.96%	2.69%	1.88%	1.86%	1.15%	1.96%	3.51%	2.83%	0.89%	0.91%	0.94%
Return on Assets (ROA)	1.24%	2.01%	1.20%	1.02%	0.93%	1.61%	2.92%	2.17%	0.68%	0.72%	0.75%
Return on Common Equity (ROCE)	7.45%	12.81%	8.18%	7.01%	6.42%	11.22%	20.72%	15.59%	5.11%	5.53%	5.57%
Return on Equity Simple (ROE_SIMPLE)	7.71%	12.24%	7.91%	6.96%	6.45%	11.08%	20.21%	15.31%	5.86%	5.56%	5.63%
Net Operating Profit after Tax (NOPAT)	113	213	148	133	121	219	431	386	119	118	123
NOPAT Margin	9.70%	12.99%	8.78%	8.18%	9.20%	14.58%	20.40%	21.06%	9.24%	9.87%	10.36%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	-0.18%	-0.47%	-1.31%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	51.05%	54.12%	56.01%	57.22%	66.33%	63.79%	54.81%	60.43%	67.43%	64.19%	65.48%
Operating Expenses to Revenue	83.19%	81.90%	83.85%	84.17%	87.81%	80.70%	68.75%	75.68%	87.27%	85.99%	86.94%
Earnings before Interest and Taxes (EBIT)	178	283	231	243	155	283	564	504	156	149	154
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	95	200	182	229	150	281	586	529	189	169	174
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	0.96	1.38	1.12	0.77	1.00	0.99	1.03	0.91	1.05	0.84
Price to Tangible Book Value (P/TBV)	1.52	1.16	1.63	1.32	0.93	1.16	1.13	1.16	1.05	1.21	0.97
Price to Revenue (P/Rev)	1.35	1.02	1.53	1.32	1.15	1.40	1.09	1.42	1.43	1.87	1.56
Price to Earnings (P/E)	14.84	7.94	17.63	16.21	12.44	9.33	5.13	6.96	16.33	20.36	16.33
Dividend Yield	0.00%	0.00%	0.23%	1.07%	1.75%	1.41%	1.41%	1.45%	2.62%	1.87%	2.39%
Earnings Yield	6.74%	12.59%	5.67%	6.17%	8.04%	10.71%	19.47%	14.37%	6.12%	4.91%	6.12%
Enterprise Value to Invested Capital (EV/IC)	0.74	0.79	0.97	0.91	0.74	0.89	0.72	0.44	0.58	0.63	0.43
Enterprise Value to Revenue (EV/Rev)	1.61	2.09	2.88	2.61	2.60	3.26	1.65	1.26	1.94	2.53	1.70
Enterprise Value to EBITDA (EV/EBITDA)	19.64	17.12	26.72	18.51	22.79	17.39	5.95	4.37	13.29	17.90	11.60
Enterprise Value to EBIT (EV/EBIT)	10.46	12.08	20.97	17.46	22.02	17.30	6.18	4.59	16.07	20.26	13.10
Enterprise Value to NOPAT (EV/NOPAT)	16.55	16.11	32.81	31.90	28.26	22.33	8.08	5.99	21.04	25.61	16.40
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	95.85	0.00	0.00	8.76	0.00	12.43	3.02	2.11	6.82	7.38
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	8.99	19.52	0.00	3.32	0.00	2.40	0.00	9.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.73	1.49	1.68	1.45	1.35	1.58	1.07	1.07	1.11	1.25	1.13
Long-Term Debt to Equity	0.08	0.18	0.21	0.14	0.15	0.15	0.19	0.15	0.17	0.16	0.16
Financial Leverage	0.60	1.14	1.59	1.56	1.40	1.46	1.31	1.07	1.09	1.18	1.19
Leverage Ratio	6.54	6.60	6.81	6.89	6.96	7.03	7.17	7.27	7.58	7.77	7.49
Compound Leverage Factor	6.54	6.60	6.81	6.89	6.96	7.03	7.17	7.27	7.58	7.77	7.49
Debt to Total Capital	42.17%	59.85%	62.69%	59.13%	57.37%	61.16%	51.67%	51.66%	52.53%	55.46%	53.12%
Short-Term Debt to Total Capital	37.27%	52.79%	55.03%	53.24%	50.98%	55.27%	42.44%	44.31%	44.55%	48.27%	45.77%
Long-Term Debt to Total Capital	4.90%	7.06%	7.66%	5.89%	6.39%	5.90%	9.23%	7.36%	7.98%	7.19%	7.35%
Preferred Equity to Total Capital	4.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.08%	0.06%	0.53%	0.47%	0.55%	0.50%	0.61%	0.57%	0.60%
Common Equity to Total Capital	53.29%	40.12%	37.23%	40.82%	42.10%	38.37%	47.78%	47.83%	46.86%	43.97%	46.28%
Debt to EBITDA	11.23	12.95	17.34	12.07	17.74	11.92	4.29	5.15	12.10	15.87	14.43
Net Debt to EBITDA	1.86	8.81	12.54	9.14	12.54	9.82	1.98	-0.61	3.37	4.51	0.82
Long-Term Debt to EBITDA	1.30	1.53	2.12	1.20	1.98	1.15	0.77	0.73	1.84	2.06	2.00
Debt to NOPAT	9.47	12.19	21.29	20.80	21.99	15.31	5.83	7.06	19.14	22.70	20.40
Net Debt to NOPAT	1.57	8.30	15.39	15.74	15.55	12.61	2.69	-0.83	5.33	6.45	1.16
Long-Term Debt to NOPAT	1.10	1.44	2.60	2.07	2.45	1.48	1.04	1.00	2.91	2.94	2.82
Noncontrolling Interest Sharing Ratio	8.28%	3.63%	0.14%	0.18%	0.70%	1.22%	1.17%	1.09%	1.15%	1.28%	1.28%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-507	-1,590	-546	472	175	-632	1,049	-24	1,046	-364	220
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-18.35	-25.96	-9.35	5.53	1.24	-3.68	8.58	-0.22	7.92	-0.98	0.52
Operating Cash Flow to Interest Expense	-3.31	0.58	-2.76	-3.76	2.76	-2.52	2.29	7.16	9.00	1.19	0.65
Operating Cash Flow Less CapEx to Interest Expense	-3.31	0.58	-2.76	-3.76	2.76	-2.52	2.29	7.16	9.00	1.19	0.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.13	0.16	0.14	0.12	0.10	0.10	0.13	0.10	0.07	0.07	0.07
Fixed Asset Turnover	5.69	8.03	8.62	8.84	6.33	6.71	10.02	8.81	6.63	6.76	7.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,527	4,330	5,024	4,685	4,631	5,482	4,864	5,274	4,347	4,828	4,732
Invested Capital Turnover	0.52	0.48	0.36	0.34	0.28	0.30	0.41	0.36	0.27	0.26	0.25
Increase / (Decrease) in Invested Capital	620	1,803	694	-339	-54	851	-618	410	-927	482	-96
Enterprise Value (EV)	1,863	3,425	4,854	4,247	3,413	4,890	3,486	2,312	2,509	3,021	2,021
Market Capitalization	1,572	1,661	2,572	2,148	1,511	2,103	2,300	2,607	1,847	2,233	1,849
Book Value per Share	$14.93	$17.56	$18.98	$19.94	$20.61	$22.67	$25.75	$31.95	$31.54	$32.58	$33.71
Tangible Book Value per Share	$11.47	$14.46	$15.97	$16.93	$17.13	$19.50	$22.56	$28.37	$27.22	$28.34	$29.49
Total Capital	2,527	4,330	5,024	4,685	4,631	5,482	4,864	5,274	4,347	4,828	4,732
Total Debt	1,065	2,591	3,149	2,770	2,657	3,353	2,513	2,725	2,283	2,678	2,514
Total Long-Term Debt	124	306	385	276	296	323	449	388	347	347	348
Net Debt	176	1,763	2,278	2,096	1,878	2,761	1,160	-321	635	761	143
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	-4.94	-14	-38	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,065	2,591	3,149	2,770	2,657	3,353	2,513	2,725	2,283	2,678	2,514
Total Depreciation and Amortization (D&A)	-83	-83	-50	-14	-5.27	-1.48	22	25	33	20	20
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.18	$2.10	$1.48	$1.36	$1.28	$2.44	$5.02	$4.64	$1.61	$1.69	$1.74
Adjusted Weighted Average Basic Shares Outstanding	89.71M	99.07M	98.40M	97.14M	94.97M	92.35M	89.28M	80.71M	70.43M	65.04M	65.04M
Adjusted Diluted Earnings per Share	$1.17	$2.09	$1.48	$1.36	$1.28	$2.44	$5.01	$4.61	$1.60	$1.69	$1.74
Adjusted Weighted Average Diluted Shares Outstanding	90.57M	99.96M	98.63M	97.35M	95.07M	92.39M	89.30M	81.17M	70.63M	65.05M	65.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.44	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	100.30M	98.09M	98.57M	95.99M	93.61M	90.80M	82.19M	78.97M	64.70M	65.15M	64.86M
Normalized Net Operating Profit after Tax (NOPAT)	113	213	148	133	121	219	431	386	119	118	123
Normalized NOPAT Margin	9.70%	12.99%	8.78%	8.18%	9.20%	14.58%	20.40%	21.06%	9.24%	9.87%	10.36%
Pre Tax Income Margin	15.35%	17.33%	13.74%	14.95%	11.80%	18.82%	26.69%	27.50%	12.09%	12.47%	12.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.45	4.63	3.96	2.85	1.10	1.65	4.61	4.71	1.18	0.40	0.37
NOPAT to Interest Expense	4.07	3.47	2.53	1.56	0.85	1.28	3.53	3.61	0.90	0.32	0.29
EBIT Less CapEx to Interest Expense	6.45	4.63	3.96	2.85	1.10	1.65	4.61	4.71	1.18	0.40	0.37
NOPAT Less CapEx to Interest Expense	4.07	3.47	2.53	1.56	0.85	1.28	3.53	3.61	0.90	0.32	0.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.99%	1.66%	3.92%	17.38%	21.23%	12.72%	6.92%	10.10%	36.01%	35.26%	35.92%
Augmented Payout Ratio	4.99%	15.79%	3.92%	37.95%	68.15%	44.22%	51.35%	42.12%	406.81%	39.59%	52.04%

This table displays calculated financial ratios and metrics derived from Hilltop's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-30.14%	-24.65%	-10.18%	-12.07%	-5.44%	-1.03%	0.37%	-3.87%	-2.24%	3.75%
EBITDA Growth	-63.10%	-46.99%	-1.12%	-41.58%	18.58%	-12.71%	15.77%	7.53%	-16.25%	15.46%
EBIT Growth	-65.63%	-57.64%	4.82%	-42.88%	23.57%	5.17%	21.30%	9.05%	-19.19%	15.95%
NOPAT Growth	-65.15%	-58.98%	15.03%	-43.56%	18.21%	16.49%	6.32%	14.85%	-16.30%	22.36%
Net Income Growth	-65.15%	-58.98%	15.03%	-43.56%	18.21%	16.49%	6.32%	14.85%	-16.30%	22.36%
EPS Growth	-56.52%	-53.16%	42.86%	-37.78%	14.00%	18.92%	5.00%	10.71%	-19.30%	25.00%
Operating Cash Flow Growth	-59.13%	57.05%	-127.91%	-160.27%	2.72%	667.51%	165.32%	-102.31%	2.39%	-53.32%
Free Cash Flow Firm Growth	1,225.49%	376.25%	-729.96%	-201.68%	-116.12%	-147.24%	326.31%	161.78%	262.81%	129.79%
Invested Capital Growth	-11.17%	-17.58%	5.81%	28.19%	3.00%	11.08%	-10.72%	-12.94%	-2.69%	-2.00%
Revenue Q/Q Growth	-5.94%	-11.27%	-3.08%	8.70%	1.16%	-7.13%	-1.71%	4.11%	2.87%	-1.44%
EBITDA Q/Q Growth	-9.97%	0.20%	-23.43%	-15.43%	82.75%	-26.23%	1.55%	-21.44%	42.33%	1.69%
EBIT Q/Q Growth	-10.43%	-14.78%	-13.31%	-13.67%	93.77%	-27.47%	-0.02%	-22.40%	43.60%	4.06%
NOPAT Q/Q Growth	-5.86%	-20.08%	4.48%	-28.20%	97.17%	-21.24%	-4.65%	-22.43%	43.70%	15.13%
Net Income Q/Q Growth	-5.86%	-20.08%	4.48%	-28.20%	97.17%	-21.24%	-4.65%	-22.43%	43.70%	15.13%
EPS Q/Q Growth	11.11%	-26.00%	8.11%	-30.00%	103.57%	-22.81%	-4.55%	-26.19%	48.39%	19.57%
Operating Cash Flow Q/Q Growth	37.31%	-109.46%	-133.93%	-98.39%	334.02%	-47.75%	-73.07%	-714.43%	218.44%	-76.18%
Free Cash Flow Firm Q/Q Growth	-46.99%	56.95%	-128.27%	-332.34%	91.60%	-360.09%	235.41%	18.03%	-77.86%	-15.81%
Invested Capital Q/Q Growth	8.64%	-4.84%	24.61%	-0.48%	-12.71%	2.62%	0.16%	-2.95%	-2.44%	3.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	14.69%	16.59%	13.10%	10.20%	18.42%	14.63%	15.11%	11.41%	15.78%	16.28%
EBIT Margin	12.86%	12.35%	11.05%	8.77%	16.81%	13.13%	13.35%	9.95%	13.89%	14.67%
Profit (Net Income) Margin	10.06%	9.06%	9.77%	6.45%	12.58%	10.67%	10.35%	7.71%	10.77%	12.58%
Tax Burden Percent	78.24%	73.38%	88.44%	73.56%	74.85%	81.28%	77.51%	77.47%	77.53%	85.77%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.76%	26.62%	11.56%	26.44%	25.15%	18.72%	22.49%	22.53%	22.47%	14.23%
Return on Invested Capital (ROIC)	2.88%	2.43%	2.34%	1.64%	3.25%	2.78%	2.42%	1.81%	2.73%	3.13%
ROIC Less NNEP Spread (ROIC-NNEP)	2.88%	2.43%	2.34%	1.64%	3.25%	2.78%	2.42%	1.81%	2.73%	3.13%
Return on Net Nonoperating Assets (RNNOA)	3.25%	2.64%	3.04%	2.15%	3.99%	3.27%	3.42%	2.48%	3.15%	3.72%
Return on Equity (ROE)	6.12%	5.08%	5.38%	3.79%	7.24%	6.06%	5.84%	4.30%	5.88%	6.85%
Cash Return on Invested Capital (CROIC)	15.08%	21.75%	-3.31%	-22.47%	-0.51%	-7.93%	13.66%	16.26%	5.23%	4.59%
Operating Return on Assets (OROA)	1.03%	0.91%	0.79%	0.63%	1.22%	0.96%	0.96%	0.72%	1.01%	1.07%
Return on Assets (ROA)	0.81%	0.67%	0.70%	0.46%	0.91%	0.78%	0.75%	0.56%	0.79%	0.91%
Return on Common Equity (ROCE)	6.05%	5.02%	5.32%	3.74%	7.15%	5.98%	5.76%	4.24%	5.81%	6.76%
Return on Equity Simple (ROE_SIMPLE)	7.75%	0.00%	5.98%	5.21%	5.46%	0.00%	5.62%	5.75%	5.34%	0.00%
Net Operating Profit after Tax (NOPAT)	33	27	28	20	39	31	30	23	33	38
NOPAT Margin	10.06%	9.06%	9.77%	6.45%	12.58%	10.67%	10.35%	7.71%	10.77%	12.58%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	68.24%	65.13%	67.09%	64.72%	62.43%	62.68%	65.82%	64.42%	65.57%	66.11%
Operating Expenses to Revenue	87.37%	86.41%	88.13%	86.42%	83.21%	86.44%	87.65%	86.36%	86.52%	87.27%
Earnings before Interest and Taxes (EBIT)	43	36	31	27	53	38	38	30	42	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	49	49	37	31	58	42	43	34	48	49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.75	0.91	0.90	0.96	0.87	1.05	0.95	0.95	0.96	0.84
Price to Tangible Book Value (P/TBV)	0.87	1.05	1.04	1.11	1.00	1.21	1.09	1.09	1.10	0.97
Price to Revenue (P/Rev)	1.10	1.43	1.48	1.64	1.51	1.87	1.69	1.71	1.77	1.56
Price to Earnings (P/E)	10.22	16.33	15.93	19.60	16.95	20.36	18.10	17.86	19.64	16.33
Dividend Yield	2.41%	2.62%	2.65%	2.52%	2.81%	1.87%	2.10%	2.12%	2.08%	2.39%
Earnings Yield	9.79%	6.12%	6.28%	5.10%	5.90%	4.91%	5.52%	5.60%	5.09%	6.12%
Enterprise Value to Invested Capital (EV/IC)	0.48	0.58	0.63	0.68	0.61	0.63	0.61	0.80	0.54	0.43
Enterprise Value to Revenue (EV/Rev)	1.57	1.94	2.71	3.03	2.39	2.53	2.46	3.15	2.10	1.70
Enterprise Value to EBITDA (EV/EBITDA)	9.40	13.29	18.14	22.19	16.38	17.90	16.84	21.10	14.73	11.60
Enterprise Value to EBIT (EV/EBIT)	10.60	16.07	21.68	26.83	19.47	20.26	18.88	23.59	16.66	13.10
Enterprise Value to NOPAT (EV/NOPAT)	13.83	21.04	27.80	34.23	25.23	25.61	24.57	30.43	21.23	16.40
Enterprise Value to Operating Cash Flow (EV/OCF)	1.93	2.11	4.94	30.63	21.46	6.82	4.73	9.28	5.96	7.38
Enterprise Value to Free Cash Flow (EV/FCFF)	2.98	2.40	0.00	0.00	0.00	0.00	4.20	4.55	10.17	9.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.22	1.11	1.60	1.58	1.23	1.25	1.24	1.17	1.08	1.13
Long-Term Debt to Equity	0.19	0.17	0.18	0.17	0.16	0.16	0.16	0.16	0.16	0.16
Financial Leverage	1.13	1.09	1.30	1.31	1.23	1.18	1.42	1.37	1.15	1.19
Leverage Ratio	7.59	7.58	7.74	8.16	7.92	7.77	7.83	7.70	7.49	7.49
Compound Leverage Factor	7.59	7.58	7.74	8.16	7.92	7.77	7.83	7.70	7.49	7.49
Debt to Total Capital	54.93%	52.53%	61.53%	61.22%	55.22%	55.46%	55.34%	53.92%	51.82%	53.12%
Short-Term Debt to Total Capital	46.38%	44.55%	54.58%	54.46%	47.84%	48.27%	48.16%	46.51%	44.23%	45.77%
Long-Term Debt to Total Capital	8.55%	7.98%	6.95%	6.76%	7.38%	7.19%	7.18%	7.40%	7.59%	7.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.59%	0.61%	0.50%	0.49%	0.58%	0.57%	0.57%	0.60%	0.63%	0.60%
Common Equity to Total Capital	44.48%	46.86%	37.97%	38.29%	44.20%	43.97%	44.09%	45.48%	47.55%	46.28%
Debt to EBITDA	10.82	12.10	17.70	19.89	14.85	15.87	15.33	14.30	14.15	14.43
Net Debt to EBITDA	2.68	3.37	8.13	10.03	5.91	4.51	5.12	9.47	2.10	0.82
Long-Term Debt to EBITDA	1.68	1.84	2.00	2.20	1.98	2.06	1.99	1.96	2.07	2.00
Debt to NOPAT	15.93	19.14	27.11	30.69	22.87	22.70	22.35	20.62	20.40	20.40
Net Debt to NOPAT	3.94	5.33	12.46	15.47	9.10	6.45	7.47	13.65	3.02	1.16
Long-Term Debt to NOPAT	2.48	2.91	3.06	3.39	3.05	2.94	2.90	2.83	2.99	2.82
Noncontrolling Interest Sharing Ratio	1.16%	1.15%	1.18%	1.31%	1.30%	1.28%	1.29%	1.29%	1.30%	1.28%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	608	954	-270	-1,166	-98	-451	610	720	159	134
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	18.42	16.87	-3.87	-12.25	-0.97	-4.27	5.76	6.96	1.50	1.30
Operating Cash Flow to Interest Expense	14.86	-0.82	-1.56	-2.26	4.98	2.49	0.67	-4.21	4.86	1.19
Operating Cash Flow Less CapEx to Interest Expense	14.86	-0.82	-1.56	-2.26	4.98	2.49	0.67	-4.21	4.86	1.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07
Fixed Asset Turnover	6.91	6.63	6.64	6.54	6.60	6.76	6.92	7.00	7.14	7.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,568	4,347	5,416	5,390	4,705	4,828	4,836	4,693	4,578	4,732
Invested Capital Turnover	0.29	0.27	0.24	0.25	0.26	0.26	0.23	0.24	0.25	0.25
Increase / (Decrease) in Invested Capital	-574	-927	297	1,185	137	482	-581	-697	-127	-96
Enterprise Value (EV)	2,178	2,509	3,417	3,681	2,866	3,021	2,941	3,734	2,469	2,021
Market Capitalization	1,530	1,847	1,858	1,991	1,806	2,233	2,019	2,030	2,089	1,849
Book Value per Share	$31.46	$31.54	$31.79	$31.74	$31.95	$32.58	$32.70	$32.70	$33.52	$33.71
Tangible Book Value per Share	$27.13	$27.22	$27.49	$27.47	$27.70	$28.34	$28.47	$28.49	$29.29	$29.49
Total Capital	4,568	4,347	5,416	5,390	4,705	4,828	4,836	4,693	4,578	4,732
Total Debt	2,509	2,283	3,333	3,300	2,598	2,678	2,676	2,530	2,373	2,514
Total Long-Term Debt	390	347	376	365	347	347	347	347	348	348
Net Debt	621	635	1,531	1,664	1,033	761	895	1,675	352	143
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	2,509	2,283	3,333	3,300	2,598	2,678	2,676	2,530	2,373	2,514
Total Depreciation and Amortization (D&A)	6.04	12	5.84	4.39	5.03	4.36	5.03	4.31	5.76	4.85
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.50	$0.38	$0.40	$0.28	$0.57	$0.44	$0.42	$0.31	$0.46	$0.55
Adjusted Weighted Average Basic Shares Outstanding	64.55M	70.43M	64.90M	65.03M	65.11M	65.04M	65.20M	65.09M	64.93M	65.04M
Adjusted Diluted Earnings per Share	$0.50	$0.37	$0.40	$0.28	$0.57	$0.44	$0.42	$0.31	$0.46	$0.55
Adjusted Weighted Average Diluted Shares Outstanding	64.67M	70.63M	64.95M	65.05M	65.11M	65.05M	65.21M	65.09M	64.95M	65.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	64.59M	64.70M	65.02M	65.09M	65.17M	65.15M	65.27M	64.95M	64.96M	64.86M
Normalized Net Operating Profit after Tax (NOPAT)	33	27	28	20	39	31	30	23	33	38
Normalized NOPAT Margin	10.06%	9.06%	9.77%	6.45%	12.58%	10.67%	10.35%	7.71%	10.77%	12.58%
Pre Tax Income Margin	12.86%	12.35%	11.05%	8.77%	16.81%	13.13%	13.35%	9.95%	13.89%	14.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.29	0.64	0.45	0.28	0.52	0.36	0.36	0.29	0.40	0.43
NOPAT to Interest Expense	1.01	0.47	0.40	0.21	0.39	0.29	0.28	0.22	0.31	0.37
EBIT Less CapEx to Interest Expense	1.29	0.64	0.45	0.28	0.52	0.36	0.36	0.29	0.40	0.43
NOPAT Less CapEx to Interest Expense	1.01	0.47	0.40	0.21	0.39	0.29	0.28	0.22	0.31	0.37
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	27.26%	36.01%	33.73%	37.16%	35.81%	35.26%	35.35%	35.06%	37.53%	35.92%
Augmented Payout Ratio	308.09%	406.81%	397.24%	41.34%	39.78%	39.59%	44.15%	51.73%	55.12%	52.04%

Frequently Asked Questions About Hilltop's Financials

When does Hilltop's financial year end?

According to the most recent income statement we have on file, Hilltop's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Hilltop's net income changed over the last 10 years?

Hilltop's net income appears to be on an upward trend, with a most recent value of $123.21 million in 2024, rising from $112.56 million in 2014. The previous period was $117.98 million in 2023.

How has Hilltop revenue changed over the last 10 years?

Over the last 10 years, Hilltop's total revenue changed from $1.16 billion in 2014 to $1.19 billion in 2024, a change of 2.4%.

How much debt does Hilltop have?

Hilltop's total liabilities were at $14.05 billion at the end of 2024, a 1.9% decrease from 2023, and a 80.6% increase since 2014.

How much cash does Hilltop have?

In the past 10 years, Hilltop's cash and equivalents has ranged from $433.63 million in 2019 to $2.82 billion in 2021, and is currently $2.30 billion as of their latest financial filing in 2024.

How has Hilltop's book value per share changed over the last 10 years?

Over the last 10 years, Hilltop's book value per share changed from 14.93 in 2014 to 33.71 in 2024, a change of 125.8%.

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This page (NYSE:HTH) was last updated on 4/19/2025 by MarketBeat.com Staff

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Hilltop (HTH) Financials

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Hilltop (HTH) Financials

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